AdCare Health Systems, Inc., a real estate investment company, through its subsidiaries, primarily engages in the leasing and subleasing of long-term care and senior living facilities to third-party tenants in the states of Alabama, Arkansas, Geor...

Description

AdCare Health Systems, Inc., a real estate investment company, through its subsidiaries, primarily engages in the leasing and subleasing of long-term care and senior living facilities to third-party tenants in the states of Alabama, Arkansas, Georgia, North Carolina, Ohio, Oklahoma, and South Carolina. Its facilities provide a range of healthcare and related services to patients and residents, including skilled nursing and assisted living services, social services, various therapy services, and other rehabilitative and healthcare services for long-term and short-stay patients and residents. As of March 29, 2016, the company owned, leased, or managed for third parties 38 facilities. The company was formerly known as Passport Retirement, Inc. and changed its name to AdCare Health Systems, Inc. in 1995. AdCare Health Systems, Inc. was founded in 1988 and is headquartered in Roswell, Georgia.

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